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Square CEO Jack Dorsey Says Bitcoin’s Lightning Is Coming to Cash App

From coindesk.com

A bitcoin scaling solution called the lightning network may soon come to Square’s Cash App for mobile payments. Twitter and Square CEO Jack Dorsey, an investor in the bitcoin-oriented startup Lightning Labs, recently announced during an interview with podcaster Stephan Livera that there are plans to integrate the scaling technology with Square’s mobile app. “It’s not an ‘if,’ it’s more of a ‘when,’ and how do we make sure that we’re getting the speed that we need and the efficiency,” Dorsey told Livera, adding: “We don’t think it stops at buying and selling [bitcoin]. We do want to help make happen the currency ... (full story)

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  • Category: Fundamental Analysis